SHA:688383 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	205	276.56	207.9	156.04	352.17	177.35
Short-Term Investments	-	-	-	-	-	25
Trading Asset Securities	-	-	-	-	12.7	191.87
Cash & Short-Term Investments	205	276.56	207.9	156.04	364.86	394.22
Cash Growth	18.57%	33.02%	33.23%	-57.23%	-7.45%	387.05%
Accounts Receivable	584.91	572.3	770.45	963.81	933.11	785.71
Other Receivables	8.37	7.24	5.35	6.08	4.85	4.94
Receivables	593.27	579.54	775.8	969.89	937.96	790.65
Inventory	939.33	888.37	759.85	602.62	644.38	840.64
Prepaid Expenses	-	-	3.82	9.28	-	-
Other Current Assets	193.16	190.75	174.36	112.53	27.99	35.77
Total Current Assets	1,931	1,935	1,922	1,850	1,975	2,061
Property, Plant & Equipment	699.81	676.07	584.15	481.87	335.45	282.74
Long-Term Investments	54.3	54.3	52.2	50.34	47.59	-
Goodwill	13.94	13.94	16.77	19.83	22.84	25.46
Other Intangible Assets	83.24	84.17	81.1	85.56	29.87	33.95
Long-Term Deferred Tax Assets	94.42	95.86	67.46	50.74	28.55	18.98
Long-Term Deferred Charges	8.44	8.35	9.85	10.38	2.91	2.63
Other Long-Term Assets	115.28	110.06	95.05	64.37	2.41	8.29
Total Assets	3,000	2,978	2,828	2,613	2,445	2,433
Accounts Payable	333.51	359.89	387.48	339.12	261.52	603.83
Accrued Expenses	39.98	41.22	52.74	46.5	44.15	52.03
Short-Term Debt	610.11	655.17	549.52	597.53	609.54	193.17
Current Portion of Long-Term Debt	238.66	180.99	112.73	28.11	-	-
Current Portion of Leases	-	-	9.98	13.24	9.24	12.21
Current Income Taxes Payable	2.48	2.93	0.33	0.36	1.28	18.49
Current Unearned Revenue	232.52	205.78	99.24	61.5	102.75	224.07
Other Current Liabilities	43.92	44.95	53.3	20.58	26.06	55.34
Total Current Liabilities	1,501	1,491	1,265	1,107	1,055	1,159
Long-Term Debt	198.2	203.53	125.36	78	-	-
Long-Term Leases	8.02	10.24	8.81	12.88	3.79	3.01
Long-Term Unearned Revenue	22.26	23.52	21.73	9.51	7.68	7.64
Long-Term Deferred Tax Liabilities	14.9	14.9	17.8	16.24	0.55	1.08
Other Long-Term Liabilities	-	-	-	0.3	0.49	4.79
Total Liabilities	1,745	1,743	1,439	1,224	1,067	1,176
Common Stock	101.65	102.13	102.13	102.13	102.13	102.13
Additional Paid-In Capital	698.04	747.87	747.87	747.87	747.88	747.93
Retained Earnings	471.19	453.7	601.98	582.96	553.15	399.41
Treasury Stock	-28.1	-78.42	-67.31	-50.32	-34.54	-
Comprehensive Income & Other	8.94	8.97	6.86	5.01	2.26	-
Total Common Equity	1,252	1,234	1,392	1,388	1,371	1,249
Minority Interest	3.92	0.59	-2.25	1.94	6.87	8.2
Shareholders' Equity	1,256	1,235	1,389	1,390	1,378	1,258
Total Liabilities & Equity	3,000	2,978	2,828	2,613	2,445	2,433
Total Debt	1,055	1,050	806.4	729.76	622.57	208.38
Net Cash (Debt)	-850	-773.37	-598.5	-573.72	-257.71	185.84
Net Cash Per Share	-8.31	-7.66	-5.92	-5.61	-2.53	1.99
Filing Date Shares Outstanding	102.89	110.73	101.08	101.49	101.65	102.13
Total Common Shares Outstanding	102.89	110.73	101.33	101.65	101.77	102.13
Working Capital	429.57	444.28	656.42	743.43	920.65	902.16
Book Value Per Share	12.17	11.15	13.73	13.65	13.47	12.23
Tangible Book Value	1,155	1,136	1,294	1,282	1,318	1,190
Tangible Book Value Per Share	11.22	10.26	12.77	12.61	12.95	11.65
Buildings	-	-	355.1	355.1	222	-
Machinery	-	-	157.74	152.72	147.22	106.21
Construction In Progress	-	-	146.51	16.62	-	194.46

Source: S&P Global Market Intelligence. Standard template. Financial Sources.